It has been a helluva week… Finally found a good pot dealer in the neighborhood, some super duper smoke, so I’ve been doing a lot of photo editing and not too much trading. I have a comment from a wise trader who caught the huge reversal in financials trading UYG, a solid counter trend move…
Didn’t spend much time watching the markets today, settling instead for an informal lunch, matchmaking a friend from overseas with my father… but that is hardly why you read this site, so here is today’s news.It has been another bad day for the longs, with some extra face stomping, as the SPY gently broke through…
Surprise surprise, precious metals and related miners are up, retail, financials and real estate are down, and both the Swiss Franc and Yen continue to show strength, even though the market is posting a moderate move to the upside. A tip of the hat to Mike Shedlock, who has a great post over at MGETA…